Netflix buys Warner Bros. TV and film studios and streaming platform. Discovery. This means that the world’s most popular streaming service for films and series will also receive many classic and popular films, such as the Harry Potter series and Citizen Kane. Netflix is also acquiring its streaming rival HBO Max. The cash and stock deal includes all of Warner Bros. Discovery is valued at $82.7 billion, the companies announced.
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Netflix swallows Warner Bros. Discovery and HBO Max in $82.7 billion mega deal
Bytaketonews
Dec 5, 2025